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20121201
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, but not included in what we know as the six-party talks, which are russia, china, north korea, south korea, the united states, and japan. we need to try to change the dynamics here, so that there isn't this provocation, because what you have along the peninsula is quite stark. you have this incredibly robust and modern south korea and this stark, dark nation directly across the dmz. >> victor, who does have influence over pyongyang? >> well, i think for many years, we believed it was the chinese. the chinese are the primary source of food and economic assistance, energy assistance to north korea. but then, again, the chinese had a high-level visit to north korea the day before that they announced that they were going to do this missile launch. so, even the chinese, i think, are quite frustrated. but at the same time, i would imagine that they're also not willing to completely abandon the north koreans, because they don't want to see instability in the north, which would then suggest instability along their border. and that is something they don't want to see. so china is really the country
is the economic power house already now and in the future. you have china militarizing in that region, north korea and so much commerce, money, and trade that everyone depends on now in asia. to have the militarization of the region by two such uncertain countries with uncertain tensions it is a chilling affect on the world economy. first the u.s., the national security concern about what north korea mooib might do. the deeper, broader, long-term concern about economics and trade in the region, but for them to achieve this kind of success with a long-range missile launch, that means combined with their nuclear program, by the way, of course means the concern now full tilt that they have the capability for an intercontinental ballistic missile launch, potentially in the future with a nuclear warhead and that could put hawaii, alaska and the west coast of the united states one day at risk. >> victor cha, when the government says at no time was the missile or the debris a threat to america. is it a matter of time before kim jong-un is a threat to america. >> it is only a matter of time and the time i
are we doing to try to get it back? well, a new report says that by 2030, china will be the largest economy. they base it on the size of the economy, population, military spending, and investment in technology. >>> our fourth story, selling a fix. with just 22 days until the fiscal cliff kicks in and we all go sailing off. we're hearing a lot of talk about talking between the president and the house speaker. apparently, these talks are behind closed doors because they're talking over or at or something not good at each other. here is president obama today in detroit on his plan to raise taxes on families making more than $250,000 a year. >> that's a principle i won't compromise on because i'm not going to have a situation where the wealthiest among us, including folks like me, get to keep all our tax breaks. >> is the tough talk road show working for the president tonight? ben labolt is a former press secretary for the obama campaign. he had a vacation that's why he looks healthy now. and republican strategist terry holt. good to see both of you. terry, i want to start with you. the
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